693 Terrace Ave is aland property for lease in Half Moon Bay, CA.
Residential lot with a distant OCEAN VIEW and approved Site & Design plans for a 2,650 sf 3 bedroom 3 bath single family residence. Construction drawings still need to be completed and go through Plan Check in order to pull a Building Permit.
Includes a prepaid, uninstalled 5/8" water meter. Sewer service available from the local municipal utility. All utilities in the street. Includes a 2014 Half Moon Bay City growth control Measure D allocation.
Within walking and bicycle distance of schools, shopping and the beach. Situated in an upscale neighborhood of $1.5MM homes.
The existing $255,000 note held by the former owner may be assumable and/or renegotiable, depending upon the Buyer's qualifications. 4% interest, payable monthly at "interest only or more", all due October 1, 2017.
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- Alex Lagemann, agent and Rofo Pro